BankNifty Support&Resistance Levels for Monday Sep 30th
BankNifty levels for 30th Sep Monday
Bias:- Bullish .
Strategy:- Buy on dips.
Reversal Pattern:- pull back to support areas.
Bank nifty closed friday on support (demand area) from where it took support and rallied this is important area to check on monday open for accenptance or rejection.
53950 above Sustains long
Targets 54150,54200,54350,54400.
53700 Below sustains Short
Targets 53600,53500,53350.
Support and below targets can act as reversal areas since market structure is bullish watch for dips on those levels to long with price action confrimation .
Education purpose only do you analysis and take entries accordingly.
Happy Trading !!!
Bias:- Bullish .
Strategy:- Buy on dips.
Reversal Pattern:- pull back to support areas.
Bank nifty closed friday on support (demand area) from where it took support and rallied this is important area to check on monday open for accenptance or rejection.
53950 above Sustains long
Targets 54150,54200,54350,54400.
53700 Below sustains Short
Targets 53600,53500,53350.
Support and below targets can act as reversal areas since market structure is bullish watch for dips on those levels to long with price action confrimation .
Education purpose only do you analysis and take entries accordingly.
Happy Trading !!!
Catatan
53700 below all targets acheived
Catatan
At important support now
Catatan
Support held as of now tommorow need to see how it will do from here on Catatan
today 1st Oct support held at 53k area it will be important support for now, immeadiate resistance is 53400 area Catatan
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